V. DISTRICT – FULLY RENOVATED IN 2024 – PANORAMIC VIEWS OF THE DANUBE, BUDA, AND OLYMPIA PARK
Located on Balassi Bálint Street, in the elegant and peaceful part of Budapest's 5th district, just a short walk from the Parliament, this property is situated on the first floor of a classical residential building built in 1911 and featuring distinctive Art Nouveau elements with modern influences.
According to the title deed, the apartment measures 164 sqm, while actual measurements indicate 171 sqm. It underwent a complete renovation in 2024, during which all wiring, flooring, windows, and fittings were entirely replaced. Heating and cooling are provided by an energy-efficient heat pump system with ceiling-based climate control.
Originally a single, expansive bourgeois residence, the property has been thoughtfully reconfigured into four independent units, each with its own private entrance, kitchen area, and bathroom, allowing for maximum flexibility and usability. Three of the units enjoy panoramic views overlooking the Danube and Buda, while Olympia Park stretches directly in front of the building.
All four apartments open from a shared 12.5 sqm entrance hall and are furnished in a modern, contemporary style with high-quality appliances and fittings, all of which are included in the asking price.
Thanks to its large windows and west-facing orientation, the property is filled with natural light throughout the year. The building’s ground floor features high-ceilinged commercial premises, typical of early 20th-century architecture, which gives the apartment the feel of being situated at least on a second-floor level.
Owing to its prime central location and the historic character of the building, this property represents a timeless investment for generations—whether purchased for private use or as an income-generating asset.
The units are suitable for office use, short-term rentals (subject to Airbnb licensing), or multi-generational living. The layout also allows for easy conversion into one larger apartment with one or two smaller units if desired.
Apartment Breakdown
Apartment 1 – 34.35 sqm + 2.84 sqm balcony
Room: 25.31 sqm
Balcony: 2.84 sqm
Bathroom + WC: 3.12 sqm
Walk-in wardrobe: 3.55 sqm
Storage: 2.37 sqm
Apartment 2 – 44.77 sqm
Room: 26.31 sqm
Bathroom + WC: 5.89 sqm
Entrance hall and kitchen: 12.57 sqm
Apartment 3 – 35.32 sqm
Room: 26.30 sqm
Bathroom + WC: 3.92 sqm
Entrance hall: 5.10 sqm